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purse term is spend more borrowed money now the bills are going to come do we planted all these seeds of destruction that are going to germinate in a second term plus we're actually going to have to start paying for obama care and other programs that were launched in his first term but are kicking in a second so there are people who think that this is going to be where obama could really write his legacy because he doesn't have to deal with a bad economy anymore he's going to be trying to fight off this recession which is going to be worse than the one that he inherited now peter we only have about thirty seconds left i do want to point this out that because it sounds like you have a very pessimistic view a gloomy view of what's to come i want to mention though that the stock market has surged more than six percent this year breaking a record that's a good sign and fifteen seconds or less and for all the wall street has a pretty good track record of getting it wrong you know the stock market was rallying right before the bottom dropped out in two thousand and eight so the big people o
purse term is spend more borrowed money now the bills are going to come do we planted all these seeds of destruction that are going to germinate in a second term plus we're actually going to have to start paying for obama care and other programs that were launched in his first term but are kicking in a second so there are people who think that this is going to be where obama could really write his legacy because he doesn't have to deal with a bad economy anymore he's going to be trying to fight...
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about the sequester and how this is going to get our military we will have nonstop propaganda being obama bartered on to the people that fear of reducing the budget of the military so i'm absolutely confident that every secretary of defense will have a very very loose pocketbook to spend to keep spending us into having a. the u.n. human rights council has released a report saying israel must move all such close out of palestinian territories the paper says the settlements a violation of human rights destroying palestinians property and crops and driving them off their land israel has refused to cooperate with the investigation khan in the report biased and counterproductive human rights activists and blogger roy moll says that israel is damaging its own credibility israel has been complaining for many years that it's being singled out by various un organs. the human rights council one of the things that it was formed to do was to have a more equitable process which has the same level of scrutiny for all you would members and although this report what did single out israel it's a boycott o
about the sequester and how this is going to get our military we will have nonstop propaganda being obama bartered on to the people that fear of reducing the budget of the military so i'm absolutely confident that every secretary of defense will have a very very loose pocketbook to spend to keep spending us into having a. the u.n. human rights council has released a report saying israel must move all such close out of palestinian territories the paper says the settlements a violation of human...
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Jan 31, 2013
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but you know the seed0s the last quarter's gdp were sow n in the summer of 2012 when president obama put politics ahead of our national security or any economic growth. its its ridiculous. >> that's the most important word, growth. when the economy opportunity grow you have no way of digging yourself out of the ditch. the 16-1/2 trillion ditch. here's my point. if the government stops pending, if the economy is so weak that when the government does stop spending, it goes into a neglect testify growth or recessioner in period, that's not the sign of a healthy economy? >> if agree with you. but keep in mine what i'm homing now, eric, we city a little stability, at least until 2014 elections. we know that people over 200,000 a year are going to pay 4-1/2% more in tax. we know there's certain stability. let's hope we wet through the debt ceiling crisis, and then you'll see the private sector invest. if there's one thing this president is going to be known for, he is all over the social issues, guns and gay marriage and healthcare but has done nothing to help this economy. and when you lo
but you know the seed0s the last quarter's gdp were sow n in the summer of 2012 when president obama put politics ahead of our national security or any economic growth. its its ridiculous. >> that's the most important word, growth. when the economy opportunity grow you have no way of digging yourself out of the ditch. the 16-1/2 trillion ditch. here's my point. if the government stops pending, if the economy is so weak that when the government does stop spending, it goes into a neglect...
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Jan 31, 2013
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obama issued a number of executive orders. >> bret: consumer spending slowed in desplat pite holiday season. income surged by 2.6%. the dow is down for second day in a row, falling 50 points. the s&p 500 dropped four. the nasdaq was off a fraction. senate signed off on pushing the debt limit deadline to may. senators prove the house bill that also includes provision some insiders are calling a bad idea whose time has come. chief political correspondent tells us more. >> they approved the house back no, budget no, pay bill with the current debt ceiling of $64 trillion in mid-may when it is estimated to be $50 million more. the house and senate have to pass budget by mid-april or member paychecks will be held. >> the united states could default on the obligation every few months. not an ideal way to run a government. a short-term solution is better than another imminent manufacturered crisis. >> house republicans passed budget in the obama era and created the salary threat so senate democrats who have not do so this year. >> republicans tried to pass amendments that prioritize payments
obama issued a number of executive orders. >> bret: consumer spending slowed in desplat pite holiday season. income surged by 2.6%. the dow is down for second day in a row, falling 50 points. the s&p 500 dropped four. the nasdaq was off a fraction. senate signed off on pushing the debt limit deadline to may. senators prove the house bill that also includes provision some insiders are calling a bad idea whose time has come. chief political correspondent tells us more. >> they...
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Jan 31, 2013
01/13
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they don't really want to talk about a contraction on president obama's watch. republicans aren't really comfortable with the idea that austerity -- that these big huge defense cuts and government spending cuts that we've seen can have a drag affect on the gdp going into the see sequester debate. both sides are uncomfortable with this number, and that's why we probably won't see it discussed for more than a news cycle or two. then we'll move on. >> affect show it's a kabarb. >> this is the very last time anybody will talk about this number in washington right here. >> we're making history. >> right. >> rona, the, sequestration debate, armageddon, whatever you want to call it, has been tossed around in a variety of different fashions, especially on the right because initially it was seen -- we cannot do this. defense cuts disproportionately hurt the gop, and, yet, now there is sort of maybe the sense that they will let sec west rags go ahead. mr. boehner says he has significant republican support, including gop defense hawks, on the side of letting the gop work.
they don't really want to talk about a contraction on president obama's watch. republicans aren't really comfortable with the idea that austerity -- that these big huge defense cuts and government spending cuts that we've seen can have a drag affect on the gdp going into the see sequester debate. both sides are uncomfortable with this number, and that's why we probably won't see it discussed for more than a news cycle or two. then we'll move on. >> affect show it's a kabarb. >> this...
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Jan 31, 2013
01/13
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the house passed a bill last week. >>> president obama says he will sign it if it passes in the senate. >>> we are still following a developing story out of alabama. a-year-old boy is being held hostage and is now going on three days. here is what we know. 63-year-old man boarded a school bus tuesday after fatally shooting the bus driver. he grabbed the 5-year-old sxwoy pled the scene. police tracked the man down but says he has been holding the child hostage for more than 30 hours. neighbors of the man describe him as a loner and survivalist who distrust it is government. you can count on news4 for updates it is a story continues to unfold. >>> metro says it may need to review its procedures with d.c. fire after a chaotic evening commute. an insulator started smoking on the green line and the emergency responder cut the wrong electricity source. that left two trains stopped for hours between the anacostia and navy yard stations. some people got off and tried to walk. eventually the trains made it to the stations but you can see the chaos as people tried to board shuttle buses. metro s
the house passed a bill last week. >>> president obama says he will sign it if it passes in the senate. >>> we are still following a developing story out of alabama. a-year-old boy is being held hostage and is now going on three days. here is what we know. 63-year-old man boarded a school bus tuesday after fatally shooting the bus driver. he grabbed the 5-year-old sxwoy pled the scene. police tracked the man down but says he has been holding the child hostage for more than 30...
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when are we going to have any new spending cuts? this would at least start in a modest way reasonable spending cuts. thank you, madam president. the presiding officer: would the senator call up his motion. mr. vitter: yes, madam president. i call up the motion to commit. the presiding officer: the clerk will report. the clerk: the senator from louisiana, mr. vitter, moves to commit the bill, h.r. 325, to the -- mr. vitter: madam president, i ask to waive reading of the whole. the presiding officer: without objection. mr. baucus: madam president? the presiding officer: the senator from montana. mr. baucus: madam president, we've -- we've essentially already voted on this. this is very similar to the portman amendment which lost by a vote of 54-44. this approach was rejected by the house of representatives when the speaker sent over his debt increase to us which gives us breathing room. we tried this approach suggested by the senator in august of 2011. it didn't work. this moves us backward, not forward. and i think we should give pra
when are we going to have any new spending cuts? this would at least start in a modest way reasonable spending cuts. thank you, madam president. the presiding officer: would the senator call up his motion. mr. vitter: yes, madam president. i call up the motion to commit. the presiding officer: the clerk will report. the clerk: the senator from louisiana, mr. vitter, moves to commit the bill, h.r. 325, to the -- mr. vitter: madam president, i ask to waive reading of the whole. the presiding...
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Jan 31, 2013
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it's in the journal, which is that part of obama care allows caps on precipitation drug spending, and some unions, apparently, are just realizing this. and they're pushing back on the administration to make sure they don't have these caps, because they're saying, that's going to drive up our medical costs, our health care costs, more than we thought, which means, we're going to be less competitive in the marketplace. so according to the journal, the unions are pushing back on the obama administration about this cap. and they're asking for federal subsidies on top of their work insurance. >> all right. and let's talk about facebook now. they've just had a brutal year. but some pretty good news in the fourth quarter. >> hey, the stock is up 70%, 7-0, since september, joe. mobile ad revenue is up. that's what everyone wants to see. 70% the stock is up since september. mobile ad revenue up 23%, which is accelerating. look around the table, okay. mika with her iphone, iphone -- >> soon to be samsung. >> barnicle, you've got an abacus, i've got an iphone, but there's two laptops. that's the
it's in the journal, which is that part of obama care allows caps on precipitation drug spending, and some unions, apparently, are just realizing this. and they're pushing back on the administration to make sure they don't have these caps, because they're saying, that's going to drive up our medical costs, our health care costs, more than we thought, which means, we're going to be less competitive in the marketplace. so according to the journal, the unions are pushing back on the obama...
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Jan 31, 2013
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president obama said he will sign it if it passes in the senate. >>> chuck hagel will face some tough questions today in his bid to become defense secretary. the senate armed services committee will hold his confirmation hearing. he's a former republican senator but may have a hard time winning support from the senate's gop members. six republicans have already said they will oppose his nomination. they have questions about comments he made about israel and iran. if confirmed, hagel would be the first vietnam vet to lead the pentagon. >>> president obama says he hopes for some form of immigration within six months. in an interview with telemundo, he says the plan must include a path to citizenship for 11 million illegal immigrants already in the country. and he says it's time for congress to act. >> we've been working on this for a long time. we know what the issues are. i've got a bill drafted. we've got language. we know what's needed when it comes to border security. we know what's needed when it comes to dealing with employers who may unlawfully hire undocumented workers. we know
president obama said he will sign it if it passes in the senate. >>> chuck hagel will face some tough questions today in his bid to become defense secretary. the senate armed services committee will hold his confirmation hearing. he's a former republican senator but may have a hard time winning support from the senate's gop members. six republicans have already said they will oppose his nomination. they have questions about comments he made about israel and iran. if confirmed, hagel...
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Jan 31, 2013
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the house already passed that bill, and president obama has said he will sign it. the treasury warns the government could default on some of its loans as early as next month if this legislation does not pass. >>> also today, chuck hagel will tell a senate committee why he should be the next defense secretary. the senate armed services committee will hold hagel's confirmation hearing. the former republican senator and vietnam war veteran will likely face tough questions, especially about his stands on israel and iran. he prepared by meeting fraprivay with public interest groups. >>> president obama hopes for some form of immigration reform within six months. in an interviewer with telemundo, he says the plan has to include a path to citizenship for 11 million illegal immigrants already in the country, and it's time for congress to act. >> we've been working on this for a long time. we know what the issues are. i've got a bill drafted. we've got language. we know what's needed when it comes to border securitiment we know what's need when it comes to dealing with empl
the house already passed that bill, and president obama has said he will sign it. the treasury warns the government could default on some of its loans as early as next month if this legislation does not pass. >>> also today, chuck hagel will tell a senate committee why he should be the next defense secretary. the senate armed services committee will hold hagel's confirmation hearing. the former republican senator and vietnam war veteran will likely face tough questions, especially...
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Jan 31, 2013
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president obama is allowing his jobs council to expire. the 2-year-old council including business and labor leaders. ge's jeff immelt chaired it and met with the president four times. the last time more than a year ago. the white house cites visa processing retrofitting government buildings with energy efficient technology and fast track review for infrastructure. the republicans claim the president ignored the group's recommendation, treating it as a nuisance than a vehicle that spurred job creation. back to you. ashley: now it no longer exists. rich edson, thank you so much. appreciate it. tracy: they will need a job. coming up one beer combination leaving regulators with a skunky aftertaste. ashley: yuk. plus is the eurozone destinned to self-destruction? heritage foundation's nile gardiner weighs in ahead. why he says america needs to pay very close tanks. first as we do now every day let's take a look how oil is trading. it was, seemed like it was going to hit the 100 dollar level. down half a percent on the day at 97.43. this is $100
president obama is allowing his jobs council to expire. the 2-year-old council including business and labor leaders. ge's jeff immelt chaired it and met with the president four times. the last time more than a year ago. the white house cites visa processing retrofitting government buildings with energy efficient technology and fast track review for infrastructure. the republicans claim the president ignored the group's recommendation, treating it as a nuisance than a vehicle that spurred job...